Trading Signals: ERX Stock Price Prediction and Forecast

^ ERX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Oct. 18, 2013

Trading Signals: ERX Stock Price Prediction and Forecast (Thu. Nov. 6, 2008 - Fri. Dec. 22, 2023)

(Direxion Daily Energy Bull 3X ETF)
ERX latest price $850.8000 (3.33%) ($833.0000 - $851.6000) on Fri. Oct. 18, 2013.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.31% (three month average)
RSI   69
Latest Price   $850.8000(3.33%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.9% a day on average for past five trading days.
Weekly Trend   ERX advances 4.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
OIH(89%)    XOP(87%)    IWM(65%)    SPY(64%)    USO(62%)
Factors Impacting ERX price   ERX will decline at least -1.155% in a week (0% probabilities).
TLT(-25%)    SHY(-5%)    IGOV(-5%)    BNDX(-4%)    GLD(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.155% (StdDev 2.31%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $813.96(4.53%)
10 Day Moving Average   $780.26(9.04%)
20 Day Moving Average   $769.24(10.6%)
To recent high   0%
To recent low   28.9%
Market Cap   $N/A

Average daily price decay: -0.01%

$. ERX is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. ERX price fluctuates within 4.14% (three month std-dev: 2.31%) daily (68% of days).

Sample size 2 Average positive next day return: 0.16%(50%) Average negative next day return: -0.56%(50%) Sample size 2 Average positive next three day return: 0.56%(50%) Average negative next three day return: -0.36%(50%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -0.68%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20131118

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_18_2013	717.33	769.24	780.26	813.96	815.19	831.56	850.8(3.33%)	UT	OpenLong	75	1.2	532	150	592	351	0.03	69%	0.18	33.6	2.31%	0	2.6	69	NAN
2	Oct_17_2013	716.02	764.89	770.77	799.18	798.44	815.01	823.4(0.46%)	UT	OpenLong	75	0.9	494	140	554	312	0.03	67%	0.14	26.9	2.3%	0	2.2	61	NAN
3	Oct_16_2013	715.05	762.88	762.36	785.18	784.15	798.81	819.6(4.61%)	UT	OpenLong	75	1.4	540	130	619	304	0.04	67%	0.13	18.9	2.31%	0	2.3	58	NAN
4	Oct_15_2013	714.15	761.32	755.82	763.74	766.61	781.86	783.5(-1.14%)	UD	OpenLong	75	0.9	453	150	528	226	0.04	65%	0.1	-1.1	2.26%	0	1	53	NAN
5	Oct_14_2013	713.44	760.52	752.79	751.18	748.55	769.49	792.5(2.01%)	UT	OpenLong	75	2	472	190	559	211	0.03	65%	0.12	-15.3	2.25%	0	1.5	55	NAN

6	Oct_11_2013	712.6	758.72	747.35	741.46	737.74	751.36	776.9(3.12%)	UT	OpenLong	75	1.8	490	110	588	197	0.04	65%	0.08	-29.8	2.25%	0	0.9	53	NAN
7	Oct_10_2013	712.01	757.8	744.99	738.74	733.49	727.61	753.4(5.76%)	N/A	N/A	0	0.8	19	-80	37	-35	0.04	63%	0.05	-28.3	2.24%	0	-0.2	44	NAN
8	Oct_9_2013	711.68	758.25	746.11	736.72	736.74	724.11	712.4(-1.15%)	DT	OpenShort	-75	-1.2	-433	-120	-490	-262	0.03	59%	-0.05	-24.9	2.14%	0	-2.4	26	NAN
9	Oct_8_2013	712.04	761.59	751.63	746.52	745.4	739.37	720.7(-3.12%)	DT	OpenShort	-75	-1.6	-270	-60	-301	-177	0.03	59%	-0.05	0	2.17%	0	-2.5	26	NAN
10	Oct_7_2013	712.37	763.73	756.31	753.74	749.83	749.38	743.9(-2.54%)	DT	OpenShort	-75	-0.7	-61	-20	-58	-69	0.02	63%	0.03	29.8	2.14%	0	-1.5	43	NAN

11	Oct_4_2013	712.13	764.57	758.31	753.34	750.55	751.43	763.3(2.69%)	N/A	N/A	0	0.7	60	-0	84	-13	0.03	66%	0.11	46.3	2.15%	0	-0.1	52	NAN
12	Oct_3_2013	711.34	763.32	759.16	752.24	746.53	750.29	743.3(-2.38%)	DT	OpenShort	-75	-0.6	-30	10	-22	-55	0.04	64%	0.07	51	2.15%	0	-1.3	46	NAN
13	Oct_2_2013	710.87	763.1	764.01	757.14	748.74	749.66	761.4(0.61%)	UT	OpenLong	75	0.3	85	-20	108	16	0.03	67%	0.08	58.7	2.12%	0	-0.1	51	NAN
14	Oct_1_2013	710.28	761.55	767.46	757.9	752.49	742.78	756.8(2.01%)	DP	OpenShort	-75	-0.1	-172	-110	-197	-97	0.02	67%	0.12	61.6	2.12%	0	-0.2	44	NAN
15	Sep_30_2013	709.44	759.74	768.99	759.54	757.89	747.81	741.9(-2.1%)	DT	OpenShort	-75	-0.9	-380	-100	-444	-189	0.04	67%	0.1	66	2.12%	0	-0.9	47	NAN

16	Sep_27_2013	708.76	758	771.23	763.76	764.92	762.21	757.8(-1.3%)	DT	OpenShort	-75	-0.3	-140	-20	-164	-67	0.01	67%	0.1	60.5	2.11%	0	-0	52	NAN
17	Sep_26_2013	708.02	755.42	771.79	766.98	766.61	767.96	767.8(0.34%)	DP	OpenShort	-75	0	-50	10	-63	-11	0.02	67%	0.12	59.4	2.1%	0	0.5	65	NAN
18	Sep_25_2013	707.19	753.26	771.36	772.04	771.14	767.64	765.2(0.03%)	N/A	N/A	0	-0.2	-37	-40	-54	13	0.02	70%	0.12	75	2.11%	0	0.4	65	NAN
19	Sep_24_2013	706.35	749.66	772.43	778.78	778.36	765.25	765(0.26%)	DP	OpenShort	-75	-0.5	-227	-120	-286	-49	0.02	64%	0.14	77.1	2.15%	0	0.5	67	NAN
20	Sep_23_2013	705.38	746.64	771.99	779.98	783.06	774.65	763(-1.41%)	DT	OpenShort	-75	-0.5	-306	-60	-383	-73	0.02	64%	0.16	82.2	2.24%	0	0.5	69	NAN

21	Sep_20_2013	704.28	743.87	771.7	779.38	783.66	774.65	773.9(-2.42%)	UD	OpenLong	75	-0.2	76	90	59	125	0.03	54%	0.22	82.5	2.23%	0	0.9	78	NAN
22	Sep_19_2013	702.73	739.8	768.13	776.72	779.5	791.48	793.1(-0.73%)	UD	OpenLong	75	0.5	391	120	430	272	0.02	57%	0.28	76.9	2.47%	0	1.6	85	NAN
23	Sep_18_2013	700.74	733.28	762.17	770.52	770.66	775.85	798.9(3.62%)	UT	OpenLong	75	0.8	210	50	220	181	0.05	57%	0.25	62.1	2.5%	0	1.9	73	NAN
24	Sep_17_2013	699	726.82	754.82	765.84	766.59	767.53	771(1.45%)	UT	HoldLong	65	0.2	71	10	54	122	0.02	57%	0.22	53.9	2.47%	0	1.3	76	NAN
25	Sep_16_2013	697.47	721.34	749.43	763.32	765.78	765.48	760(-0.08%)	UD	OpenLong	75	-0.1	58	10	38	116	0.03	57%		42.7	2.52%	0	1.1	67	NAN
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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